AL:NYE-Air Lease Corporation (USD)

COMMON STOCK | Rental & Leasing Services | NYE

Last Closing Price

USD 29.42

Change

+0.15 (+0.51)%

Market Cap

USD 3.33B

Volume

1.21M

Average Target Price

USD 37.00 (+25.76%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

Air Lease Corporation, an aircraft leasing company, engages in the purchase and leasing of commercial jet transport aircraft to airlines worldwide. The company also sells aircraft from its operating lease portfolio to third parties, including other leasing companies, financial services companies, and airlines. In addition, it provides fleet management services to investors and owners of aircraft portfolios. As of December 31, 2019, the company owned a fleet of 275 aircraft, including 203 narrowbody jet aircraft and 89 widebody jet aircraft. Air Lease Corporation was founded in 2010 and is headquartered in Los Angeles, California.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2020-09-30 )

Largest Industry Peers for Rental & Leasing Services

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
URI United Rentals, Inc

+0.29 (+0.17%)

USD12.63B 11.30 5.63
AL-PA Air Lease Corporation

-0.72 (-3.00%)

USD4.05B 2.72 N/A
AAN Aaron's, Inc

-0.63 (-1.10%)

USD3.85B 53.67 2.18
TRTN Triton International Limited

+0.89 (+2.24%)

USD2.73B 9.70 7.99
AYR Aircastle Limited

N/A

USD2.40B 15.49 9.42
TRTN-PA Triton International Limited

+0.24 (+0.91%)

USD2.35B 3.91 N/A
GATX GATX Corporation

+0.11 (+0.17%)

USD2.23B 11.50 11.25
R Ryder System, Inc

+1.16 (+2.82%)

USD2.21B 15.51 4.64
FTAI Fortress Transportation and In..

+0.07 (+0.41%)

USD1.45B 11.50 7.05
HRI Herc Holdings Inc

+0.70 (+1.80%)

USD1.14B 24.44 4.79

ETFs Containing AL

Symbol Name Weight Mer Price(Change) Market Cap
FHG:CA FT AlphaDEX U.S. Industri.. 0.00 % 0.70 %

N/A

USD0.01B
FSF:CA CI First Asset Global Fin.. 0.00 % 0.85 %

N/A

USD0.34B
JIGB JPMorgan Corporate Bond R.. 0.00 % 0.14 %

-0.04 (-0.06%)

USD0.04B

Market Performance

  Market Performance vs.
Industry/Classification (Rental & Leasing Services)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -38.09% 22% F 17% F
Dividend Return 0.95% 25% F 28% F
Total Return -37.14% 22% F 17% F
Trailing 12 Months  
Capital Gain -25.24% 22% F 24% F
Dividend Return 1.52% 29% F 34% F
Total Return -23.71% 22% F 23% F
Trailing 5 Years  
Capital Gain -6.69% 55% F 38% F
Dividend Return 6.41% 57% F 17% F
Total Return -0.29% 55% F 30% F
Average Annual (5 Year Horizon)  
Capital Gain 6.34% N/A N/A 71% C-
Dividend Return 1.05% N/A N/A 33% F
Total Return 7.39% N/A N/A 65% D
Risk Return Profile  
Volatility (Standard Deviation) 25.31% N/A N/A 28% F
Risk Adjusted Return 29.22% N/A N/A 47% F
Market Capitalization 3.33B 83% B 72% C-
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Rental & Leasing Services)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 5.23 71% C- 89% B+
Price/Book Ratio 0.53 79% C+ 88% B+
Price / Cash Flow Ratio 2.39 44% F 68% D+
EV/EBITDA 8.68 43% F 65% D
Management Effectiveness  
Return on Equity 10.84% 76% C 70% C-
Return on Invested Capital 3.30% 28% F 36% F
Return on Assets 3.50% 56% F 68% D+
Debt to Equity Ratio 241.46% 83% B 12% F
Technical Ratios  
Short Ratio 9.93 21% F 7% F
Short Percent 6.90% 31% F 43% F
Beta 2.01 47% F 11% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters then its peers, placing it in the top quartile.

Low debt

The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

Superior Dividend Growth

This stock has shown top quartile dividend growth in the previous 5 years compared to its sector

What to not like:
Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Poor capital utilization

The company management has delivered below median return on invested capital in the most recent 4 quarters compared to its peers.